BOSTON Today, Massachusetts Attorney General Maura Healey issued the following statement in response to the U.S. Department of Education dropping its appeal of a federal court order canceling the loans of 7,200 students in Massachusetts who were defrauded by Corinthian Colleges, Inc. Corinthian operated two for-profit schools in Massachusetts under the name Everest Institute. By…
Sudans overall foreign debt is estimated at $70bn, and the 22 member nations of the Paris Club urged other lenders to provide similar debt forgiveness. Creditor countries have agreed to cancel $14.1bn of Sudans international debts, praising its economic reforms and efforts to fight poverty. In a statement Friday, the Paris Club of creditor nations…
Loading The countrys total HELP bill ballooned to more than $66 billion in 2019-20, with about 85 per cent of this sitting with 2.2 million Australians aged under 40. The time taken to repay student debt has risen from an average of 7.3 years in 2005 to 9.3 years in 2020. Federal Education Minister Alan…
The change seeks to eliminate a potential conflict of interest that insolvency professionals in charge of steering a company through the bankruptcy process could have if any of their colleagues advise others involved in the case. By Gireesh Chandra Prasad, Livemint, New Delhi PUBLISHED ON JUL 17, 2021 12:10 AM IST Insolvency resolution professionals hired…
The unemployed Maserati-driving former bankrupt Marie Simone has been thwarted in her bid to gain Liberal Party pre-selection for the forthcoming local government elections. Ms Simone, 56, who is the president of the Caringbah Liberal branch, was attempting to win top-spot on the Liberal ticket to contest Ward A on the Sutherland Shire Council. Property…
16 July 2021 Consultancy.eu 2 min. read Global consulting firm Alvarez & Marsal has expanded its Financial Restructuring Advisory practice to Italy. This is the next strategic step in the expansion of our financial restructuring offering across Europe, said Paul Kirkbright, Managing Director and leader of the practice in EMEA. Our on-the-ground initiatives in Italy…
ATLANTA, GA / ACCESSWIRE / July 16, 2021 / Business operations worldwide were shrouded in uncertainty throughout 2020, as a series of unpredictable events unfolded throughout the course of the coronavirus pandemic. Business executives were forced to act quickly in order to adapt to changes within the supply chain, tailor to shifting consumer behaviors, and…
PARIS (AP) Creditor countries agreed to cancel $14.1 billion of Sudans international debts, praising its economic reforms and efforts to fight poverty. In a statement Friday, the Paris Club of creditor nations also announced that it rescheduled Sudans remaining $9.4 billion in debt to the group, and held out the possibility of more debt relief…
Insolvency regulator, Insolvency and Bankruptcy Board of India (IBBI) has now brought in several changes to its Corporate Insolvency Resolution Process (CIRP) regulations as part of its overall effort to ensure arms-length dealings and transparency in the appointment and functioning of Resolution Professionals (RP). Amendments have been introduced to ensure elimination of any potential conflict…
Developments this week at universities across Australia have underscored the critical importance of the joint online public meeting called by the International Youth and Students for Social Equality (IYSSE) and the Committee for Public Education (CFPE) this Saturday, July 17 at 4 p.m. (AEST). Click here to register. An NTEU rally at Macquarie University in…